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The Following Data Were Taken from Castle, Inc

Question 205

Multiple Choice

The following data were taken from Castle, Inc. The following data were taken from Castle, Inc. What is (1) the inventory turnover ratio and (2) the number of days' sales in inventory for Castle Inc. A) (1) 11.46 times (2) 31.85 days B) (1) 10.52 times (2) 34.70 days C) (1) 9.72 times (2) 37.56 days D) (1) 10.53 times (2) 34.56 days What is (1) the inventory turnover ratio and (2) the number of days' sales in inventory for Castle Inc.


A) (1) 11.46 times
(2) 31.85 days
B) (1) 10.52 times
(2) 34.70 days
C) (1) 9.72 times
(2) 37.56 days
D) (1) 10.53 times
(2) 34.56 days

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